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Net Loss per Common Share (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Loss Per Share

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders, which excludes unvested restricted shares and shares which are legally outstanding, but subject to repurchase by us (in thousands, except per share amounts):

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(31,684

)

 

$

(37,215

)

Denominator:

 

 

 

 

 

 

 

 

Weighted-average shares outstanding

 

 

58,428

 

 

 

42,319

 

Less: weighted-average unvested restricted shares and

   shares subject to repurchase

 

 

(88

)

 

 

(183

)

Weighted-average shares used in computing net loss per

   share attributable to common stockholders, basic and

   diluted

 

 

58,340

 

 

 

42,136

 

Net loss per share attributable to common stockholders,

   basic and diluted

 

$

(0.54

)

 

$

(0.88

)

Schedule of Potentially Dilutive Securities Excluded from Computation of Diluted Net Loss Per Share

As of March 31, 2022, 3.6 million pre-funded warrants to purchase common stock, issued in connection with the November 2021 public offering, were included in the weighted-average shares outstanding used in the calculation of basic and diluted net loss per share. Refer to Note 13 “Common Stock” in our Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on March 17, 2022 for more information.

 

The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share attributable to common stockholders for the period presented because including them would have been antidilutive (in thousands):

 

 

 

March 31,

 

 

 

2022

 

 

2021

 

Common stock warrants

 

 

 

 

 

3

 

Unvested RSUs

 

 

1,207

 

 

 

793

 

Unvested RSAs

 

 

76

 

 

 

172

 

Options to purchase common stock

 

 

6,943

 

 

 

6,211

 

Total

 

 

8,226

 

 

 

7,179